A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Elliott Wave View: Bank of America (BAC) Resumes Lower
Read MoreBAC has ended wave (4) correction and expected to extend lower. This article and video looks at the short term Elliottwave path.
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Novavax ($NVAX) Riding The Waves
Read MoreContinuing along the theme of Corona Virus stocks, this week Novavax Inc. is next up in line. Novavax has gone parabolic with the COVID-19 spreading worldwide as with the other names I have covered. It also remains very technical, and I think there could a few more swings up before a longer term top is […]
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ROKU (NASDAQ:ROKU) – New Bullish Cycle On The Horizon
Read MoreLast year, the streaming TV ROKU (NASDAQ:ROKU) ended the entire rally since IPO as an impulsive 5 waves advance which is a bullish structure followed by a Double Three corrective structure. Based on the Elliott Wave Theory, after an instrument ends the correction it will either resume the rally within the main trend or bounce in 3 […]
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Elliott Wave View: SPY Looking for Pullback Soon
Read MoreShort Term Elliott Wave view in S&P 500 ETF (SPY) suggests the rally from March 23, 2020 low low is unfolding as a 5 waves impulse. Up from 3.23 low (218.26), wave (1) ended at 263.7, and pullback in wave (2) ended at 242.94. Index has resumed higher in wave (3) as another 5 waves […]